ETH: Leaving Liquidity Behind, But the Hunt Isn't OverEthereum / TetherUS PERPETUAL CONTRACTBINANCE:ETHUSDT.Phma-malikChart Overview: Looking at the monthly timeframe for ETHUSDT.P, the macro structure shows we have left significant liquidity behind at the $1,384 level (highlighted in the circle). The Idea: My primary thesis is that the market has moved away from this zone temporarily, but the downside liquidity grab is not yet complete. Price action suggests we are currently in a "distribution" or "re-accumulation" phase before the market makers hunt the stops sitting below that $1,380 support. Key Points: Liquidity Pool: The $1,384 area is a major monthly support that was swept previously. The current structure leaves a "clean" pocket of liquidity underneath the recent lows. The Prediction: I expect ETH to eventually return to this zone to "hunt" the liquidity resting there. This would act as a deviation (or fakeout) below the range before a sustained reversal. Confirmation: The RSI on the bottom panel is hovering near neutral (51.26), suggesting there is still room for volatility before a definitive trend emerges. The Trade Plan: Watch: Do not chase the current price action blindly. Wait: Look for a retracement back down to the $1,380-$1,400 region. Trigger: Watch for a reaction (like a long wick or bullish engulfing) at that level to confirm the liquidity grab. If price reclaims $1,380 quickly, the bullish continuation is likely. Conclusion: Until that liquidity is taken, the market remains vulnerable to a flush. Stay patient, manage your risk, and wait for the market to come to your level. Disclaimer: This is my personal analysis, not financial advice. Always do your own research.